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20121227
20121227
STATION
MSNBCW 12
CNNW 7
FBC 5
CNBC 3
WMAR (ABC) 3
CSPAN 2
KPIX (CBS) 2
KRON (MyNetworkTV) 2
KGO (ABC) 1
KTVU (FOX) 1
LINKTV 1
WBAL (NBC) 1
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Search Results 0 to 49 of about 52 (some duplicates have been removed)
CNN
Dec 26, 2012 10:00pm PST
president obama and the democrats campaigned on this past election cycle and oh, by the way, the won, was this fall-back plan or the small piece of tax cuts being extended for 98% of american families and 97% of small businesses. there's a bill in the senate sitting there right now that the house could actually vote on. they don't need to wait for anything else to pass the senate. the house could call a vote on it right now and 98% of america's families could see protection of their tax cuts extended. so i think that is a strong position for the democrats. they won on this. the majority of the american people agree that the wealthy and the 2% of the wealthiest in the country can afford to pay more. most wealthy people agree with that. >> alice, you say you believe president obama and democratic congressional leaders prefer to go over the cliff so they can raise taxes, cut defense spending and blame the gop but republicans have the option of locking in tax cuts for most americans right now. >> to further that note, sure, i think the president wants to do this because as you said he ca
LINKTV
Dec 27, 2012 5:30am PST
a deal before next year, obama and democrats have the upper hand. >> they know that the polls are on their side, that a majority of americans would blame the republicans for the failure, and they know that -- they say president obama was just reelected on a mandate to raise taxes on the stockton% of income earners and the republican party is dead set against tax increases. -- on the top 2% of incoming earners. he wants to raise taxes on folks making more than a million dollars, but that was not enough for democrats and that was too much for lot of republicans. the republicans in the house are the ones who endangered the speaker's efforts to cut a compromise deal. the democrats know that they are the ones that have the upper hand in the fight and if we go into the new year, a new congress will be sworn in. democrats will have more seats in the house and the senate and they feel they will have a better chance of getting a deal on their terms in 2013. >> in the dying days of 2012 it looks like japan pose a new leader has injected a local, at least financially. he's had his first
MSNBC
Dec 26, 2012 11:00pm PST
term? >> i hear republicans and democrats and obama want to come together on middle class rates. i think they'll make a deal in early january to extend some part. >> but are you saying this doesn't really hurt? if they go sometime next friday, nine days from now, will the market go down and come up or will it plunge? >> the republicans want to cut a deal before the cliff. >> i know that. but if this thing goes over the cliff, will there be term innocent damage to the economy like a new recession? >> republicans tell me they think if they can make a deal on rates early january the markets will fluctuate. >> i am hearing the markets have already reacted. >> for a couple days. couple days. >> yeah. >> i've heard another argument. a lot of people say, or at least people i've talked to, if they can't do it by the date, they can't count on anything gets done. it'll get worse every day. >> it has been for two years. >> let's look at isaacson. i've never heard him say anything before. this is the first quote i've heard in my life. some republicans have urged their colleagues to pass someth
MSNBC
Dec 26, 2012 4:00pm PST
things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as much as the members of congress do because he's not on the ballot again. >> but if there's a second recession, doesn't that kill his second term? >> i hear republicans and democrats and obama want to come together on middle class rates. i think they'll make a deal in early january to extend some part. >> but are you saying this doesn't really hu
CNN
Dec 26, 2012 5:00pm PST
that was clear about what president obama and the democrats campaigned on, was this fall back plan or the small piece of tax cuts being extended for 98% of american families and small businesses. there is a big in the senate sitting there now that the fous could vote on. the house could call a vote on it right now and 98% of america's family could see protection of their tax cuts extended. so i think that is a strong position for the democrats. the majority of american people agree that the wealthy can afford to pay people more. >> you believe president and leaders prefer going over the cliff, but republicans do have the option of locking in tax cuts for most americans right now. >> as you said, the president can increase taxes and point the coin fer at the republicans. but we need to have spending cuts. this is not an issue that is going to be resolved with taxes right away. the house has issued legislation that would extend the tax cuts and erase the military cuts. but something else that came up, secretary geithner issued a letter today warning the country that we are going to hit the debt c
MSNBC
Dec 26, 2012 5:00pm PST
news is that obama and democrats do seem to be committed to making sure that unemployment is part of whatever eventual deal is passed. republicans backs are up against the wall here, there's a decent chance it gets in, at least shortly after the new year if we go over the cliff, then they'll be eligible for relate electroactive benefits. the hilarious thing here is how extensive this chaos is. all of these unemployment offices are going to have to send out letters and they're going to have to recon figure their computer systems and do it all over again. put people through all of this heartbreak over nothing. >> well, clearly, the unemployment are the ones that are going to get stiffed here. they are benefits, doesn't speak to the fact they'll have needs that won't be met immediately, if they had some reserve, they'll be fine. most especially, those who are poor and vulnerable don't have those reserves. >> right. >> let's listen to senator john barrasso on president obama's position. >> i think the president is eager to go over the cliff for political purposes. i think he sees a po
ABC
Dec 27, 2012 4:30am EST
republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go over the cliff because i think if we do it hurts our economy and it hurts our country. >> middle class people should know their taxes go up a average of $2,000 a year and also start making meaningful reform on the debt. >> the president and speaker boehner have not spoken since yesterday but shortly after the final talk the president urged congress to pass at least a scaled down measure to avoid going over the fiscal cliff. now unless both sides can agree on anything close to $1 trillion in spending cuts and
FOX News
Dec 27, 2012 10:00am PST
saying it is up to the democrats to do something. we'll not do anything until president obama and the democrats come up with a plan and president obama actually late yesterday did call all four leaders, majority, minority leaders in the house and senate that includes mitch mcconnell and said the first time a democrat called him since thanksgiving to talk about this. so they're talking but there is no indication anybody is actually doing anything right now. gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and the senate in a sense that if reid originates a bill in the senate that would do what you said, people in the house say, well that would be
FOX Business
Dec 26, 2012 8:00pm EST
of tax increases obama and the democrats passed before th be last election and 90% of those tax hikes were delayed, conveniently. the president got himself safelyse reelected.ion and then we have the massive spending, $8 trillion in debt obama is running up over the next decade. republicans have several schools. right now they have very little leverage onra this debate over e fiscal cliff because that stuff happens automatically, but the idea of a debt ceiling increasef they told obama more than once if you want a trillion dollars, you will need that eight times in the next decade they will have to cut spending a trillion have to cut spending a trillion eric: i'm a republican, congressman, senator tax pledge to not raise taxes. teo if somebody approaches me and says here is a bill that says if youhi sign this we will cut taxn for 98%, how can you say no to that? my point is this. the administration is winning the war of optics. if they played it this way, do they not win? >> they won the war of optics so far because everything has beene done. done inside closed walls.nd f if c-span, f
MSNBC
Dec 27, 2012 2:00pm PST
primaries to obama in 2008, one was the iraq war, that foreign policy. and the idea that democrats thought maybe she's too polarizing. obama is the uniter, clinton is the wars of the 1990s all over again, too many people don't like her. i think the best thing republicans have done for hillary clinton in the last four years is they have taken that argument away. no democrat can come along in 2016 and use that argument against her now, that she's a uniquely polarizing figure. she's as polarizing as anybody else. >> here is my knew, get a whole new team around you. the team you ran with last time was a disaster. get people who want to enlarge your coalition. they should have built a very big national campaign the way bill clinton was able to do. thank you, rana. and thank you, steve kornacki, as always my colleague from the network we both serve. thank you. see you all in the next year. up next, the election is over. now it's time for president obama to get things done and he has less time than you might think. strategizing a second term. let's talk the future. this is "hardball," the place f
FOX News
Dec 27, 2012 3:00pm PST
, "obama and the democrats seek increase in debt ceiling as part of any agreement" --" reading the wrong thing. writing to inform you the letter said that the statutory debt limit will be reached on december 31, 2012, and the treasury department will begin taking extraordinary measures by law that the united states would otherwise default on the legal obligation. consider what the majority whip in the house said this afternoon. listen to this. >> this is somewhat like taking your child hostage and saying to somebody else i'm going to shoot my child if you don't do what i want done. you don't want to shoot your child. there is no republican lead they're wants to default on our debt. >> doug: is this productive? >> no, it's not. >> none of this is. the problem is that charles is somewhat right that the letter from secretary treasury geithner is not true and he would never inform leaders in congress we only had five days before we discuss the default. that wouldn't happen in a real world. it wasn't accurate. the speaker told the membership today he thinks it's more like february. charles is
MSNBC
Dec 27, 2012 9:00am PST
to reclaim conservative purity. that means opposing the democrats, opposing obama. that spirit, you can still see it. >> it is such an important point and it goes to something ben was saying in the last segment, which is the notion of legitima legitimacy. you're talking about the legitimacy of a democratic victory and the legitimacy of the democrat republicans who are held responsible. how many republican primaries they were involved with. christina donel beat mike castle. rand paul beat trey grayson. we had shang angle beat sue louden. those were all in 20 10. i don't read the list to bore you. >> but i'm bored. succeeded. >> it's a long list which goes against one of the mistakes that the traditional press has made in covering this which is covering this as a republican versus democrat story, a conservative versus obama story which, really, you see up on the screen some of those primary winners, this was in large part at first a republican versus republican story. >> and, obviously, i think one of the underlying elements of the fiscal cliff drama is that mitch mcconnell is up in 2014. and t
KRON
Dec 27, 2012 6:00am PST
it will quick end in just five days if congress does not act. there is no sign of compromise between democrats and republicans. president obama has cut his vacation short and is returning to the white house now. without a budget agreement automatic tax increases for everyone and deep spending cuts will be triggered and the new year. the main dispute continues to be over taxes. americans filing unemployment last week as dropped to 350,000. futures are up right now. a letter from treasury secretary tam geithner to congress sent after the bell yesterday may also weigh on the markets. >> the woman accused of killing a grandmother and a drunk driving accident at the twin peaks without has made her first court appearance. 23 year old gina eunice is accused of a hit and run drunken-driving in vehicular manslaughter. the accident occurred three people and killed 56 year old yuee byao who was here visiting her new grandchild from china. the judge set the bail at $2 million. if she posted she must wear a scram device that checks to make sure she is not drink alcohol and is not allowed to drive. she will
CNBC
Dec 26, 2012 7:00pm EST
to domestic programs. democrats, of course have no intention of doing that. especially after president obama won the election. senate democratic leadership aide tells me that will remains a 50/50 chance we will get a mini deal temporary extension of tax cuts under $250,000 before the january 1 deadline when we would go over the cliff. will are no assurances of that. a white house official told me as president obama prepares to fly back to conduct and participate in the negotiations at the end, there has been no progress over the holiday weekend. michelle, i'm afraid that people who are looking for a deal and looking for a deal by december 31, all hope is not lost. it is not looking good at the moment. >> let's go back to this hitting the debt ceiling on monday. we learned of this because treasury secretary tim good night mother sent a letter to the honorable harry reid majority leader. and that's where he outline it is fact that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and sai
MSNBC
Dec 27, 2012 12:00pm PST
on this issue and it is once again become a winning issue for democrats. president obama, for example, won two-thirds of single women. americans have a tradition of respect for the second amendment but they know our freedoms and liberties have to be respectfully balanced own other important goals for our country, goals like keeping school children safe, keeping terrorists and the mentally ill and criminals from owning guns. americans look at the nra's take no prisoners, give no quarter, arm a teacher response to the sandy hook tragedy
FOX Business
Dec 27, 2012 11:00am EST
leaders, democrats and republicans, last evening. there is no progress here to report. president obama put it all on the house. >> they are operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority to get what they want. if the 250 would be brought up, it would pass overwhelmingly speaking that 250 he is discussing that would keep tax rates where they are for income amount for less than $250,000 increased those earning more. house speaker says senator reed should talk less and legislate more. senate democrats have not. they want to extend all the current tax rates and avoid some of the spending cuts. democrats are on their opening offer. they basically have not moved anywhere. there is less than a week to go. >> senator reid talking about a less than $250,000 limit. speaking right. exactly. liz: more on the fiscal cliff. let's bring in peter. with us is former clinton advisor doug shoen. we have basically mr. boehner saying, look, you senate, you have not come up with anything. >> i think, unfortunately, we will
FOX News
Dec 27, 2012 8:00am PST
hikes. what happened since then, senate democrats have done nothing with it. i think president obama, senator reid, they have to bear some responsibility they haven't moved any of this house-passed legislation. it is time for president obama and senator reid to act. >> one thing an amos piece. senate passed a bill which protected folks making 250 and less and small businesses from a tax increase. that is collecting dust in the house right now. jon: well, doug, let me throw it back at you, this is the same senate that hasn't passed a budget in three years, even the president's budget got no votes in the senate the last time around. how can they lay all of the blame at the feet of the house of representatives? >> i would say, look, i think everyone shares in the blame what is going on here and but i do think that what you're seeing on the house is this, a almost a reluctance to take yes for an answer the president has put forward a plan which results in $2 trillion in total spending cuts. protecting tax cuts for the middle class and small businesses. 98% of individual, 97% of small bus
ABC
Dec 26, 2012 11:00pm EST
. president obama and others are traveling back to get in session. if republicans and democrats can't agree, the session won't meet. every american will be hit with higher taxes new year's day because of the fiscal cliff. a teacher with $43,000 a year will get a tax hike of more than $3,000 a year. a professional athlete would see his taxes go up more than 2.4 million a year. unemployment benefits for some 2 million people would expire. the nation may fall back into a recession. >>> even star bucks is getting into the fight on the fiscal cliff. their ceo wants workers to write come together on the coffee cups they serve thursday and friday. it's the company's way of telling the politicians to find common grounds. >> if people would get in the room and leave their ego behind, but be so sensitive to the'ds of the american people, we would have an agreement. >> a suggestion from the ceo. baristas won't be forced to write anything on the cup. >>> regardless of the fiscal cliff, the new year will bring new laws. same sex marriage will be allowed in maryland. that is not not the only new law. we
FOX News
Dec 26, 2012 9:00pm PST
. the republicans are losing the debate on the fiscal cliff. this is obama's economy. let the president and the democrats own it and own the national debt. own the defense cut. instead, boehner and the gang allow the president to star in his own superhero film. he will cut the hawaiian vacation short and come back to save us mere mortal from the fiscal cliff. winning the optics war and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the
FOX News
Dec 26, 2012 11:00pm PST
. this is obama's economy. let the president and the democrats own it and own the national debt. own the defense cut. instead, boehner and the gang allow the president to star in his own superhero film. he will cut the hawaiian vacation short and come back to save us mere mortal from the fiscal cliff. winning the optics war and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric
KRON
Dec 27, 2012 7:00am PST
, between democrats and republicans. present obama returns to watching today after cutting as holiday vacation in hawaii short. house and senate members are expected to reconvene today as well. without a budget agreement automatic tax increases for every one and d spending has will be triggered in the next year. the main dispute continues to be over taxes. >> as the nation nears the fiscal cliff in hawaii is lieutenant governor is said to be sworn in to the senate today replacing the late senator daniel inouye. for a year old schatz is a former white democratic party chairman and lawmaker. he was chosen over u.s. rep colleen had help boost the home was suggested shortly before it and always death. >> not allowing the vast majority of the house of representatives to get what they want. if that to 50 would be brought up it would pass over. on any given day for the last five or six months since the giant banner could have passed tax cuts and it would pass. he is doing, he has made the decision that he does not won a vote on it. because if he voted on it it would pass. i have sat here mr.
MSNBC
Dec 26, 2012 7:00pm PST
three business days to pass legislation to avoid going over the fiscal curb. president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire week with their incompetent plan b stunt. it is time for house republicans to put middle class families first by passing the senate's bill to protect 98% of americans from a tax hike on january 1st. the senate bill could pass tomorrow if house republicans would simply let it come to the floor. despite the impasse in washington, a new gallup poll shows 50% of people still believe it is likely that president obama and republicans will reach an agreement before we go over the curb on january 1st. among the believers is conse
CBS
Dec 27, 2012 12:00pm PST
between president obama and house republican leaders stalled last week. the house is now leaving it up to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress that the u.s. is close to hitting its debt limit of $16.4 trillion. geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through new england after plowing through 30 states dumping snow, sleet and spawning dozens of tornadoes. edward lawrence has the latest. >> reporter: the northeast is dig out from a giant storm that dumped more than a foot of snow in some places. >> it's the heaviest snow i can remember. it's shutting the machine down every time of you give it a little push. the ice just clogs it up. >> reporter: th
CSPAN
Dec 27, 2012 1:00pm EST
had to say? caller: yes, i did, and being a democrat i go along with president obama's plant, but if it came -- plan, but to avoid the fiscal cliff, if nothing else works, we should avoid the fiscal cliff and he should be the big compromiser and not tax the rich in order to get the bill through. if he gets the bill through without pulling the fiscal cliff, our economy will improve the tax revenues from that will be more than he would get from the rich now. host: appreciate the call. let's go to oklahoma, a line for republicans. caller: i am so disgusted with both political parties. it seems they are putting their party before their country. and i want these politicians to know they are the ones that have been up there for years and spent all this money and now the average person will be the one who will have to pay, and i believe they are being bought off by the 2%. right is right, wrong is wrong, and to take away from the needy and cut food stamps from people who qualify -- it takes an act of congress to qualify. i cannot understand that these people are protecting the 2% o
FOX
Dec 27, 2012 4:30am PST
and she will be heard in a lower court. >>> the 40-year-old democrat will find out the remainder of the term of a man who died earlier this month. he had served with president barack obama on air force one. >>> nelson mandela is out of the hospital this morning. he is back in hospital after being treated for gallstones. >>> he was called out to a home on market treat yesterday. he wanted to turn in old pn. the from world war ii. five and a half pounds of that was recovered and can could cause a lot of problems. >>> 23-year-old gina eunice made her first court appearance. eunice was drunk when she hit a group of people while walking a long twin peaks last thursday. a man was knocked down a hillside and killed. >> this case is a case that will be handled very aggressively. >> the entire unit's family is destroyed by what happened and i think it is fair to say their main concern is for the family. >> eunice's lawyer said her client has never been in trouble with the law and was studying criminal justice to become a police officer. >>> and taking the life of an 11-year-old, coming up
FOX News
Dec 27, 2012 1:00am PST
. >> laura: wow, can you say out of touch? joining us now from new york is maxwell a democratic strategist and guy benson the political editor for "town hall.com." okay. this is quite something. we have been hearing from the obama white house, the congressional budgetffice and any number of conservative economistst that this is serious. that we have got to get this thing done that we have got to get it in order. or at some point america's full faith and credit is going to go away. we are not going to look so good to the rest of the world as far as credit risk. so let's talk to you about this. is this a manufactured media crisis or does something substantial need to be done here? >> well, i certainly think that the fiscal cliff, that language is a manufactured media narrative. that americans believe on january 1 we are going to be standing in line for bread. that's not going to happen this is all because congress kicked the can down the road. after the debt ceiling, which was a real crisis. and so by not completing resolving that issue in a substantive manner. we now are here at this fiscal
NBC
Dec 27, 2012 6:00pm EST
, president obama return to washington to work on a deal. >> the american people have a right to be upset with this congress. >> the finger pointing continues with democratic leaders accusing house speaker john boehner of putting his political ambitions ahead of the country's fiscal help. >> it is obvious what he is doing. he is waiting until january 3 to get reelected as speaker before entering serious negotiations. >> boehner says that senator reid should "talk less and legislate more." >> republicans have spent over backwards. we have stepped way, way out of our comfort zone. >> the standoff continues. >> right now, the house and senate are in the blame game. each says the onus is on each other to cover the fiscal cliff. >> both sides hope for a deal, but hopes are fading. and some observers say the deal is more likely after the new year after the tax cuts expire. >> then they will be cutting taxes instead of voting to raise taxes. it is a small distinction, but an important one for some republicans. >> president obama spoke to congressional leaders before he left hawaii by phone yeste
FOX News
Dec 27, 2012 6:00am PST
conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know what, doug? karl rove wrote an op-ed in "the wall street journal" which he basically says, the president think it is all about him. the more mr. obama makes everything about him, the more stubborn he is likely to be when flexibility would be better. success requires adjustments, including a greater willingness to compromise and seek common ground with his opposition. fair point? >> oh, i think it is a fair point. i think it is a fair point on both sides. we had a framework that did what terry described. it was called bowles-simpson. the president didn't support it. paul ryan didn't support it. it didn't have the kind of bipartisan consensus we needed. gotten us $4 in spending cuts for one dollar
FOX News
Dec 26, 2012 6:00pm PST
. and republicans are losing the debate on the fiscal cliff. they should be saying this. this is obama's economy. let the president and the democrats own it, lets them own the massive exploding national debt, let them own the tax hikes, let them own the defense cuts. instead boehner and the gaining are letth president to star his own superhero film. he's going to come back in and save us from the fiscal cliff while others are puffing marlboros. winning the optics war and winning it big. juan, how do you get the ball back from the democrats? they had it. next thing you know, the ball is in your court. >> i'm going to have to upset you, my friend. i think you are right. i think boehner is at the moment looking weaker. he's out of the talks all together at the moment. no role to play. his own troops have abandoned him. i'm told he's okay of keeping the speaker ship on january 3rd when they vote but you start to hear rumors about eric cantor who you see next to him possibly launching some kind of -- but it seems to me he's in a position the republicans in the senate and the white house are really
MSNBC
Dec 27, 2012 10:00am PST
regarding the fiscal cliff, that mitch mcconnell saying i haven't heard from democrats since thanksgiving, that president obama is not even calling up the speaker, speaker boehner is not calling up president obama wishing him a merry christmas. are you surprised about the lack of urgency on this issue? >> the answer is yes, but the politics are so difficult. i think what everybody ought to look like right now is what is going to happen on january 4th. that's the day after people are sworn in. if they don't make a deal, is this leadership going to tell members of congress, you can't leave down? are they going to cancel airplanes, not let them go to trade shows in las vegas, that's a very interesting question because normally members take off between the swearing in date of the 3rd and the inauguration on the 20th, this we're the 21st. yeah. i'm surprised. i don't ever recall anything like this. when i was in congress, people in leadership in both parties always had a rabbit in the hat. there doesn't appear to be any rabbit in the hat this time. >> mr. winston, i'll ask you, as someone who
FOX News
Dec 27, 2012 1:00pm PST
obama got back today but no significant progress towards a deal. democrats and republicans are fighting about process and issues. republicans want democrats to come up with a new proposal. house republicans say sign on to their proposal, keeping tax ritz rates where they are. when it comes to this impasse, both sides have taken to blaming one another. >> the house of representatives is operating without the house of representative. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house represents to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang and so now here we are five days from the new year and we might finally start talking. >> even if democrats and republicans, their leadership and the president, were to strike a deal on the fiscal cliff, it will take a couple days for the senate to work through it, the house to work through it and right now we're only five days out before the billions of dollars worth of automatic spending cuts and
MSNBC
Dec 27, 2012 8:00am PST
a wide mandate to be back in the hoff. why does the tea party not get that? >> you know obama ran on the fact that he would raise taxes. >>> more democrats were votes in. tea party members lost seats in this election. >> liberals lost seats, too. that's what happens every election. if there had been a great groundswell of effort that we have to raise taxes, we have to implement this huge liberal big spending agenda john boehner would be minority leader and nancy pelosi would be speaker of the house again. >> if the tea party were in charge and you had your druthers, what would it be to get us over the fiscal cliff? >> first thing i would do is start going through the budget looking for places we can cut. >> every year the accountability office comes out with a report details hundreds of billions in waste, fraud and duplicated services. let's start cutting first. let's make the government do what american citizens have to do when things get bad. we have to tighten our belts. why doesn't the government have to do the same thing? that would be the first thing to do. i'm willing to be
FOX Business
Dec 26, 2012 9:00pm EST
a budget, they don't vote on the budget. the republins took them into putting obama's budget out and then they voted against it. they haven't put together a budget because they cannot reelect the democrat majority of the senate in 2024. if everyone of those senators had actually stake out a position as being in favor of obama and his taxes and spending. gerri: i don't understand why people aren't marching on the hill. i really don't. this is what we hired them for, to iron out these differences, and no one is doing the job. let's take a look at the numbers for folks that are married. if you make $50,000 per year, you'll pay an additional $2000 in taxes. if you pay $100,000, an additional $446 in taxes. the list goes on. you make it to make a million dollars, an additional $50,000 in taxes. this will cause people to reinve the way th lived day-to-day. i don't see why people are upset abt this. they should be. but all of the tax cut that you just mentioned, it is due to the disappearance of the bush tax cuts. the democrats all voted against the bush tax cuts. so they voted to keep
CNN
Dec 27, 2012 1:00pm PST
on the restrictions and you've got a number of democrats for states up for re-election that barack obama and john kerry both lost. they are not going to go along with this. where is the common ground? there probably isn't any. and sometimes bad things happen and you can't prevent them. >> you each get a one word answer, a yes or a no. are they going to avoid the fiscal cliff, erick? >> no. >> how about you, cornell? >> no. >> oh, my goodness. un anymore tea. thank you. happy new year to you all. i appreciate it. >>> a ban on americans adopting russian children. vad lir putin's signature will make it official and it will crush hundreds of families. >> we rely on our faith and our hope in juice sus christ and that's what is going to get us through this. but it would just be devastating for those kids. if you need them.even drops this. but it would just be devastating for those kids. is going to get . but it wld just be devastating for those kids. what is going to this. but it would just be devastating for those kids. f year. ♪ nice sweater. thank you. ♪ ♪ ♪ [ male announcer ] everyone deser
CSPAN
Dec 27, 2012 7:00am EST
on a bender and is still doing crazy stuff today. the policy came under the republicans and democrats and a major increase in government spending came under governor bush and with barack obama. this is not a partisan thing. the federal reserve went out of control. both parties share blame for that. host: u.s. job applications fall. host: that is just not on the associated press wire. in reaction to that -- any reaction to that? guest: we will get a real feel until after the christmas season. it is a sick market right now even out with at some good news recently. we are not creating the number of jobs we need to do. the labor participation rate is at the lowest level since the early 1980's. a lot of people have given up and taken early retirement or applied for disability. the labor market has been shrinking. the number of jobs we have today are still several million lower than they were before the financial crisis. we are like an autumn built on the open highway. we should be going 70 miles per hour in good weather. we're going about 20 miles per hour and going about 15 miles per hour
CNBC
Dec 27, 2012 6:00am EST
is the obama administration, and more importantly the democrats, have not allowed the in congress have not allowed the administration to come forth with real spending cuts. >> but susan. >> let's face it the republicans said that they are willing to look at tax increases. a few weeks ago, a lot of people said, okay, grover norquist, we are going to say, if we have to make this to get our country through the toughest one of the toughest times, we will vote for tax increases. >> and it didn't even come to a vote in the house, because they couldn't approve boehner's plan. >> the vote in the house -- >> you're making my case. >> that was a ridiculous plan. >> they can't even get it to a vote in the house because they don't even have consensus on it. president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house ju
FOX News
Dec 27, 2012 12:00pm PST
. molly is live for us at the white house. update us on the next move from the obama administration. >> despite the phone calls that the president made before he left hawaii, he spoke to top democrats and republicans and no negotiation meetings have been set. at least not formally or public limit there's nothing set yet between all the sides to discuss this. the president's back in washington after he cut short vacation to get back to the white house for possible last minute fiscal cliff talks leaving his wife and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not m
CBS
Dec 27, 2012 7:00am PST
. >> anna werner thanks. >>> president obama is headed back to washington this morning as senate democrats try to breathe life into the fiscal cliff negotiations. there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending
ABC
Dec 27, 2012 6:30pm EST
tonight. >> reporter: president obama cut short his hawaii vacation, running back to washington, where storm clouds, real storm clouds, are gathering over the capitol. instead of deal making, it's name calling. the top democrat in the senate, accusing the republican speaker of the house of running a dictatorship. they say they haven't given up, but it sure sounds that way. >> i don't know time wise how it can happen now. >> here we are, once again, at the end of the year, staring at a crisis we should have dealt with literally months ago. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteac
FOX Business
Dec 26, 2012 11:00pm EST
in on president obama saying when eaker boehner offered $800 billi in increased revenues and president obama saying no, i get those for free. >> well, we've only been through this three times in 1982, reagan got taken. he put tax increases on the table. democrats took the tax increases. spending went up. eight years later bush offered $2 of tax increases for every dollar of i'm sorry, $2 of spending cuts for every dollar of tax increase. the cuts never happened. increases did. boehner was offered one to one. not only are phony spending cuts phony, they get smaller each time. >> keep moving the goal post. >>> grover, we have to leave it there. thank you. >> okay. >>> imagine every shipping port from massachusetts to texas shut down. nothing gets in or out. unions mobilizing to strike this weekend. if they don't get their way, will everyone pay? >> forget the fiscal cliff. how about a container cliff and what it m do to the economy. time's running short and a standoff between long shoreman union workers and companies could cripple the nation. unless they reach a dea they plan to strike this w
CNN
Dec 27, 2012 4:00am PST
cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not sure what the senate will do, as you say, we're expecting that smaller deal. what exactly will they vote on? pe
CNN
Dec 27, 2012 2:00am PST
will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other players and there's no reason to change it. i think as observers of this, the american public, you can say there's a real reason to change it. in terms of the politicians, i think they're pursuing their best
CNBC
Dec 27, 2012 4:00am EST
expect of us hearing a deal before then. >> well, i certainly expect that now that obama is back in town he'll be trying to broker some sort of a deal with john boehner, the house of representatives, and there will be talks among democrats trying to explore whether they can put forth a new scaled down deal that could get past both the republican minority in the senate and get a vote on the floor of the house of representatives. and i think what the markets have to realize is that if the deal were to pass between now and the end of the year, it would first of all be a much more scaled down version of the grand bargain we've all been hoping for. at most, you will get an extension for the alternative minimum tax, but you would not get a serious delay in the so-called sequester, the automatic spending cuts of $100 billion a year, and most important, you will not get relief on a debt ceiling which potentially sets us up for another big fight, much like we saw in the summer of 2000. >> and we know this fight is a difficult one for the gop. they've dug in their heels. this is an issue that they
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